Entegra Financial Corp. (NASDAQ:ENFC) Position Maintained by First Manhattan Co.
First Manhattan Co. continued to hold its stake in Entegra Financial Corp. (NASDAQ:ENFC) during the second quarter, according to its most recent filing with the SEC. The fund owned 9,763 shares of the bank’s stock at the end of the second quarter. First Manhattan Co.’s holdings in Entegra Financial Corp. were worth $222,000 as of its most recent SEC filing.
Separately, Spark Investment Management LLC raised its stake in Entegra Financial Corp. by 12.7% in the second quarter. Spark Investment Management LLC now owns 15,100 shares of the bank’s stock valued at $343,000 after buying an additional 1,700 shares during the period. Institutional investors own 43.17% of the company’s stock.
Shares of Entegra Financial Corp. (NASDAQ:ENFC) opened at 22.95 on Friday. The company has a market cap of $148.21 million, a price-to-earnings ratio of 19.78 and a beta of 0.30. The stock has a 50 day moving average of $22.90 and a 200 day moving average of $23.21. Entegra Financial Corp. has a 12-month low of $17.54 and a 12-month high of $24.40.
Several research firms have recently issued reports on ENFC. Compass Point began coverage on shares of Entegra Financial Corp. in a report on Thursday, May 18th. They issued a “buy” rating and a $27.00 target price for the company. FIG Partners began coverage on shares of Entegra Financial Corp. in a report on Wednesday, May 31st. They issued an “outperform” rating for the company. Finally, ValuEngine upgraded shares of Entegra Financial Corp. from a “hold” rating to a “buy” rating in a report on Saturday, June 3rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $27.25.
Entegra Financial Corp. Company Profile
Entegra Financial Corp. is the holding company for Entegra Bank. The Company provides a range of financial services through full-service offices located in Cherokee, Henderson, Jackson, Macon, Polk and Transylvania counties, North Carolina and Anderson, Greenville, and Spartanburg counties, South Carolina.
Want to see what other hedge funds are holding ENFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Entegra Financial Corp. (NASDAQ:ENFC).
Receive News & Ratings for Entegra Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Entegra Financial Corp. and related companies with MarketBeat.com's FREE daily email newsletter.